College papers academic writing service


An overview of the production selling and marketing of the cars in the global industry

It is an industry that continues to grow in Asia and foreign investment has begun to increase substantially.

In addition, there have been undertakings by both the U. The Asian financial crisis during the late 1990's slowed down the demand and production of the auto industry. However, with the continued strong production growth of the automotive industry in Asia the region did eventually recover.

After recovering from the 1990's slowdown the industry was hit by the economic slowdown that began in 2007. The top two countries in manufacturing in Asia are China followed by Japan and looking at figures from the International Organization of Motor Vehicle ManufacturersAsian production vehicle figures held steady even during the global slowdown.

Statistics & Facts on the Global Automotive Industry

China is by far the largest market for sales followed by Japan, India, Indonesia, and Australia. Sales figures 2005 to 2013 indicate that sales for vehicles in China doubled while Indonesia and India saw nice gains.

  • Houndmills, Basingstoke, Hampshire ; New York;
  • Other companies within FAW and the Shanghai were significant manufacturers as well.

However, there were dips in sales during this time in Australia, New Zealand, and Japan. The country is home to 11 automobile manufacturers consisting of: Each of these automakers have manufacturing operations in the U. However, Suzuki is part of a joint-venture with GM, which is located in Canada.

  • Like the auto industries in the other regions, the industry has also experienced major restructuring, which is the a result of a downturn in domestic demand;
  • This text provides general information;
  • Due to varying update cycles, statistics can display more up-to-date data than referenced in the text;
  • However, with the continued strong production growth of the automotive industry in Asia the region did eventually recover.

Like the auto industries in the other regions, the industry has also experienced major restructuring, which is the a result of a downturn in domestic demand. Japanese automakers have in the past responded to stagnate domestic economic conditions by reducing production capacity through plant closures, and have offered equity ownership to foreign automakers to receive financial and managerial assistance. GM has equity in Suzuki and Subaru and controlling interests in Isuzu; Ford has majority equity in Mazda; DaimlerChrysler has majority equity control in Mitsubishi; and Renault has controlling interests in Nissan.

South Korea has seven automobile manufacturers, which include: Prior to 1987, foreign auto imports were prohibited and Japanese automotive imports were not permitted until 1999.

As in Japan, South Korea's automotive industry has also experienced restructuring. South Korea is the world's 4th largest passenger vehicle manufacturer and sales figures have seen a steady increase since 2005. South Korea exports many automobiles produced, with a significant number of those going to the U.

Within the Asian market only China, India, and Japan have a larger share of vehicles sold. The Shanghai Motor Group began producing cars during the 1960's and established a joint-venture with Volkswagen in the 1980's that has contributed to the increase in automobile production in China's domestic market.

China's automobile industry has continued to grow and develop both in sales and production of vehicles. According to figures from the International Organization of Motor Vehicle Manufacturers since 2005, sales of vehicles in China has gone from just under 4 million in 2005 to just under 18 million in 2013.

Other companies within FAW and the Shanghai were significant manufacturers as well. Nevertheless, there are significant trade barriers for foreign competitors in the way of tariff policies that are applied to foreign auto imports.

  1. China's automobile industry has continued to grow and develop both in sales and production of vehicles. Germany is expected to lead the way with projected electric car production to reach some 1.
  2. Other companies within FAW and the Shanghai were significant manufacturers as well. However, Suzuki is part of a joint-venture with GM, which is located in Canada.
  3. As such, automakers are beginning to expand their business into the electric mobility sector. This text provides general information.
  4. Like the auto industries in the other regions, the industry has also experienced major restructuring, which is the a result of a downturn in domestic demand. American Wheels, Chinese Roads.
  5. Nevertheless, there are significant trade barriers for foreign competitors in the way of tariff policies that are applied to foreign auto imports. Japanese automakers have in the past responded to stagnate domestic economic conditions by reducing production capacity through plant closures, and have offered equity ownership to foreign automakers to receive financial and managerial assistance.

This restrictive trade environment has contributed to the serious problem of illegal imports of foreign cars into China.

In the past China relied on its foreign partners to develop new vehicles but Chinese automakers are looking to create new policies and methods through foreign joint-ventures to continue the development of China's automotive industry.

Industry topics

These conditions present a significant challenge for China's automotive industry, and it is expected to take a considerable amount of time before China becomes a global competitor in the automotive market. Automotive News - China English language news source for current events in the automotive industry produced by Crain Communications who also produces AutoNews in the U.

Busser, Rogier, and Sadoi, Yuri. Production Networks in Asia and Europe: The Party-state and Multinational Corporations. Houndmills, Basingstoke, Hampshire ; New York: American Wheels, Chinese Roads: The Story of General Motors in China.